西部矿业(601168) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 reached ¥11,747,985,467, representing a year-on-year increase of 23.02%[4] - Net profit attributable to shareholders for the same period was ¥1,111,737,493, a significant increase of 60.91% compared to the previous year[4] - The net profit after deducting non-recurring gains and losses was ¥1,090,308,227, reflecting a year-on-year growth of 26.89%[4] - The basic earnings per share for Q3 2024 was reported at ¥0.47, an increase of 62.07% from the same period last year[7] - Total operating revenue for the first three quarters of 2024 reached CNY 36,725,264,915, an increase of 13.4% compared to CNY 32,233,576,938 in the same period of 2023[17] - Net profit attributable to shareholders of the parent company for the first three quarters of 2024 was CNY 2,732,391,322, up 24.4% from CNY 2,197,752,873 in the previous year[17] - The company reported a gross profit margin of approximately 16.0% for the first three quarters of 2024, compared to 14.5% in the same period of 2023[17] - Basic earnings per share for the first three quarters of 2024 were CNY 1.15, compared to CNY 0.92 in the same period of 2023, representing a growth of 25.0%[18] - The total comprehensive income for the first three quarters of 2024 was CNY 4,645,863,980, compared to CNY 3,296,995,332 in the previous year, reflecting a significant increase[18] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥54,644,633,568, up 4.95% from the end of the previous year[4] - The equity attributable to shareholders reached ¥16,854,624,718, marking a 10.39% increase compared to the previous year[4] - Total liabilities increased to CNY 32,571,520,715, compared to CNY 31,723,168,129 at the end of the previous year, reflecting a growth of 2.7%[17] - The company’s total non-current liabilities amounted to CNY 17,955,949,129, an increase from CNY 16,374,241,463, indicating a rise of 9.7%[17] - The total current assets reached CNY 14,307,771,392, up from CNY 11,409,505,188, indicating an increase of about 25.5%[15] - The total assets amounted to CNY 54,644,633,568, compared to CNY 52,066,714,877 at the end of 2023, showing an increase of around 5.0%[15] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥8,113,636,661, showing a 50.86% increase year-on-year[7] - In the first three quarters of 2024, the company reported cash inflows from operating activities totaling CNY 41,594,259,817, an increase from CNY 36,282,378,126 in the same period of 2023, representing a growth of approximately 14.3%[20] - The net cash flow from operating activities for the first nine months of 2024 was CNY 8,113,636,661, compared to CNY 5,378,266,974 in 2023, indicating a significant increase of about 50.9%[20] - The company experienced a decrease in cash inflows from investment activities, with a net cash flow of -CNY 2,426,325,571 in 2024, compared to -CNY 1,881,163,089 in 2023[20] - Cash inflows from financing activities were CNY 6,696,149,698 in 2024, down from CNY 11,020,578,825 in the previous year, reflecting a decline of approximately 39.5%[21] - The total cash and cash equivalents at the end of Q3 2024 amounted to CNY 6,219,827,056, an increase from CNY 5,686,781,566 at the end of Q3 2023, representing a growth of about 9.4%[21] - The company reported a net increase in cash and cash equivalents of CNY 1,577,795,449 in 2024, compared to CNY 546,079,995 in 2023, showing a substantial increase of approximately 188.5%[21] Shareholder Information - The company reported a total of 105,283 common shareholders at the end of the reporting period[8] - The largest shareholder, Western Mining Group Co., Ltd., holds 25.48% of the shares, totaling 607,187,567 shares[8] - The shareholding of Western Mining Group Co., Ltd. decreased from 745,187,567 shares to 719,220,782 shares, resulting in a reduction of 1.09% in ownership[14] Investments and Subsidiaries - The company established a new subsidiary, Xikang (Chengdu) Information Technology Co., Ltd., in collaboration with other partners, which was registered on September 25, 2024[14] - The company’s long-term equity investments decreased from CNY 4,368,973,371 to CNY 4,104,651,414, indicating a decline of about 6.0%[15] - The company’s short-term borrowings decreased from CNY 5,666,687,331 to CNY 3,274,276,648, reflecting a reduction of approximately 42.2%[15] - The company’s total non-current assets slightly decreased from CNY 40,657,209,689 to CNY 40,336,862,176, showing a decline of about 0.8%[15] Research and Development - Research and development expenses for the first three quarters of 2024 were CNY 436,298,218, a decrease of 11.0% from CNY 490,106,413 in the same period of 2023[17] Future Plans - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency and profitability[19]